Bitcoin Whales Unleash $1.48 Billion and $364.5 Million in BTC to Exchanges, Sparking Sell-Off Fears

Bitcoin whales BitcoinOG and Owen Gunden have transferred significant amounts of BTC to exchanges, sparking fears of a potential sell-off. BitcoinOG, known for shorting BTC, has moved $1.48 billion to Kraken since October 1, while Owen Gunden has moved $364.5 million to the same exchange. These transfers may indicate plans for leveraged trades or further selling, which could lead to price swings in the short term.